Compare the three savings account options that can be paired with High Deductible Health Plans.
Get more information about HSA tax advantages. Visit our preferred HSA administrator, The Bancorp Bank.*
BlueSaver HSA Solutions are member–owned personal savings accounts which can be funded by either the group or the member, and must be offered in conjunction with a federally qualified high deductible health plan. BlueSaver HSA Solutions provide a tax–advantaged vehicle for payment of qualified medical expenses. Unused funds can accumulate to pay for future qualified medical expenses. Under an HSA arrangement, the member owns the account, so if they change jobs, the account goes with them.
Independence Blue Cross (IBC) does not provide HSA administration. However, IBC has a preferred relationship with The Bancorp Bank to provide HSA administration services to customers. Customers may also use any HSA administrator of their choice.
Download Guidance on Health Savings Accounts.
* The Bancorp Bank of Wilmington, DE, is a federally qualified bank offering HSA trustee services. It is not affiliated with Independence Blue Cross.